Romanians’ Purchasing Power Decreasing in 2022
Romanians’ purchasing power fell during 2022, according to the latest study. The National Institute of Statistics revealed the data according to which Romanians’ salaries experienced...
Tag : Romanian economy
Romania to Establish Its Own Development Bank
Romanian prime minister announced the establishment of the Development Bank, which the state will finance. The Development Bank is a Romanian institution with state capital...
Romania’s Digital Economy to Reach EUR 52 Billion in 2030
According to a recent report, Romania’s digital economy might increase by 3.5 times, in 2030, from EUR 14.8 billion in 2021. Currently, Digital Challengers on...
Romanians Start Saving Due To Price Hikes
Romanians started saving in 2022 due to the increase in prices, according to the study “Money Matters” carried out by Erste Group. In the context...
Romania Must Pay EUR 6 Million to Enter OECD
The cost of Romania’s Organization for Economic Co-operation and Development (OECD) membership will be close to EUR 6 million, which must be paid in the...
International Tourist Arrivals in Romania Decline
Tourism in Romania increased by 25% in the first seven months of 2022 compared to 2021. According to official statistics, the increase represents a significant...
Romania’s Foreign Debt Increases in 2022
Romania’s external debt rises by EUR 5,8 billion in the first seven months of 2022. More than half, over EUR 3 billion, was added in...
Record Number of Closed Businesses in Romania in 2022
Romania records an alarming number of closed businesses in the first months of 2022, the most significant number of failed companies in the last three...
Annual Inflation Rate in Romania: 15.32% in August
The annual inflation rate rose to 15.32% in August this year, from 14.96% in July, while the prices of food goods increased by 18.22%, and...
EC Approves €4 Billion Scheme to Support Romanian Companies
The European Commission has approved a €4 billion (approximately RON 19.7 billion) Romanian scheme to support companies across sectors following Russia’s invasion of Ukraine. The...
